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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: SOROS who wrote (26908)	6/9/2001 9:35:24 PM
From: CAPTAIN MORGAN	Read Replies (1) \| Respond to of 37746

who are the "fools" paying a 300+ PE for CIEN right now? That is one of dozens of examples. Can a person be anything but insane to pay over a 100 PE for a DONUT SELLER (KKD)??? Played both last week for nice gains KKD from 65 to 71 and CIEN from 55 to 61. Most excellent enviroment right now for long trading. ( I have no idea who that "fool" was that bought my shares! )

To: SOROS who wrote (26908)	6/10/2001 1:33:53 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 37746

Soros logical??? rational??? there is none...we trade whats irrational... forget the whys and wherefores Soros...the mass mentality, the supply and demands of the markets ebbs and flows, are created by lunacy, and mania... there's nothing rational about it.. right now people are in deep fear...they are glued to their seats waiting???..waiting for what??? they've already missed a fabulous up move off the April lows...and they'll sit here and miss the correction too.. why??? they are over thinkers...way too technical in there thougths, and they really have no earthly clue as to what is going on...zero...nada..NONE!!!! just trade whats in front of your face, and who cares why?... remember charts do not lie..only people lie... the trend is your friend..either way.. good luck OJ ps...the street is looking hard at valuations now...those high pe stocks will come back down..you can bank on that...